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Apr 24, 2013
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apple reported its second quarter earnings after yesterday's close. the earnings $10 on 43.6 billion in revenue that reportedly met analysts' expectations but the company posted a sales forecast for the next quart ter that was below -- quarter that was below expectations. right now, apple is trading at $407. that's up a quarter of a point. that's down from the record high last september of $705 a share. >>> the metropolitan transportation commission is scheduled to vote today on reducing the amount of travel information kept on your clippard card. the proposal calls for the mtc to hold onto the records of clippard card passengers for four and a half years instead of seven. privacy advocates expressed concern about the data after learning it could be subpoenaed in criminal and civil cases. the subpoena says no information is not turned over without an order. >>> there's an icon for b.a.r.t. app that will tell you whether heavy, moderate or light crowding is expected. they are using historical data to tell you how busy trains are at certain times. >>> t
apple reported its second quarter earnings after yesterday's close. the earnings $10 on 43.6 billion in revenue that reportedly met analysts' expectations but the company posted a sales forecast for the next quart ter that was below -- quarter that was below expectations. right now, apple is trading at $407. that's up a quarter of a point. that's down from the record high last september of $705 a share. >>> the metropolitan transportation commission is scheduled to vote today on...
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Apr 24, 2013
04/13
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apple is sharing down $5 to $401 a share. pam cook, ktvu channel 2 news. >>> let's bring you up to date on some of the other top stories we're following for you right now. we're finding out new information about the suspected mastermind about the boston marathon bombs. the paper reports that tamerlan tsarnaev was living on state welfare benefits at the very same time he was embracing radical, anti-american political views. there's also word the boston marathon bombings was planned a week before the race. >>> m.i.t. is getting ready to hold a memorial service for the campus police officer allegedly assassinated last week by the bombing suspect. the memorial follows yesterday's funeral for sean collier. vice president is expected at the private service this morning. >>> here at home a very important meeting on fixing those bad bolts on the new bay bridge. it will start in about 45 minutes from right now. caltrans will tell us what they are doing to fix the problem. it's been raising safety concerns about the new eastern span. k
apple is sharing down $5 to $401 a share. pam cook, ktvu channel 2 news. >>> let's bring you up to date on some of the other top stories we're following for you right now. we're finding out new information about the suspected mastermind about the boston marathon bombs. the paper reports that tamerlan tsarnaev was living on state welfare benefits at the very same time he was embracing radical, anti-american political views. there's also word the boston marathon bombings was planned a...
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Apr 24, 2013
04/13
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KRON
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what we want from apple we want this. we want a big tv. a big tv is a lot tougher than a small screen. apple is having problems with a bigger screen. they are not coming out with a joke. you're getting 3 percent for on apple. do i expect to make money this year. no. i expect to make money when the big screen comes out. if they do good when they are a disruptive force in the industry. they have not done that in a while. >> you can get the computer they may for two adults and less.$200 or less. office and other products that help microsoft it became a commodity. the old michaels of other than for the income it still creates. apple has five years left in the phone and it is all about the tv then. >> i want to say nothing and to the developers' conference and a catalyst for growth until a television is. beating the other story report it was u.s. postal service is now suing lance armstrong for breach of contract for unjustly being enriched by their sponsorship. they sponsored a team for a number of years. 40 million for the team 47 for lance. h
what we want from apple we want this. we want a big tv. a big tv is a lot tougher than a small screen. apple is having problems with a bigger screen. they are not coming out with a joke. you're getting 3 percent for on apple. do i expect to make money this year. no. i expect to make money when the big screen comes out. if they do good when they are a disruptive force in the industry. they have not done that in a while. >> you can get the computer they may for two adults and less.$200 or...
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Apr 24, 2013
04/13
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apple's profits falls for the first time in a decade and the firm is forecasting slower growth. still, the maker of ipads and ipods plans to return $100 billion to investors by 2015 in the form of stock buybacks and higher dividends. apple's rival, samsung, begins opening its stores within a store at 1,400 best buys nationwide today. and the market's on a three-day win streak following tuesday's gains. back to you. >> mary thompson at the new york stock exchange, thank you. >>> a police officer in columbia performed an amazing save when a man on a commuter platform allegedly tried to hurl himself in front of an oncoming plane. while the police officer nabbed him by the back of his shirt, threw him to the ground, saved his life. thank goodness for that. 7:15 right now. back to matt, savannah, and al. >> all right, thank you so much. >>> mr. roker's got a check of the weather. >> got a lot of cold air to talk about, especially out west. let's show you what we've got. first of all, we're talking about frost advisories, freeze warnings, and hard freeze warnings, stretching from the
apple's profits falls for the first time in a decade and the firm is forecasting slower growth. still, the maker of ipads and ipods plans to return $100 billion to investors by 2015 in the form of stock buybacks and higher dividends. apple's rival, samsung, begins opening its stores within a store at 1,400 best buys nationwide today. and the market's on a three-day win streak following tuesday's gains. back to you. >> mary thompson at the new york stock exchange, thank you. >>> a...
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Apr 24, 2013
04/13
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KRON
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apple, where watching for them and they reported. >> apple is very disappointing. i remember, when i was younger, i was smarter, i remember it probably was not as good as i remember. apple is suffering. their phones were great years ago about two years ago. they're raised their dividend and now they look like intel. we want something fun, something new from apple. >> it looks like they do better when they create new markets and they dominate. they do not have anything new, they have not created a thing new. >> it will be over a year before the launch a another new product. they stated that they had a new product coming out in the fall, although the samsung was crashed. >> we also had something, from the commerce department about durable-goods. they are very, very good. the economy is a little bit better. before you go and buy a refrigerator, a you look at whether not you can afford a bigger one, a dryer, or a washer. this is a good sign when americans are putting their money in durable-goods. >> this means said that have more money to spend. you are not supposed to
apple, where watching for them and they reported. >> apple is very disappointing. i remember, when i was younger, i was smarter, i remember it probably was not as good as i remember. apple is suffering. their phones were great years ago about two years ago. they're raised their dividend and now they look like intel. we want something fun, something new from apple. >> it looks like they do better when they create new markets and they dominate. they do not have anything new, they have...
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Apr 24, 2013
04/13
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KGO
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for comparison the late apple c.e.o. held a 97 percent approval rating when he stepped down before 2011. >> the natural air conditioning we are showing you here is in effect but what about later on today. >> it has been affecting air travel. >> we have 30 minutes flight arrival delays at sfo so they are minor but out there and check out our flight tracker at abc7news.com. we are going to talk about how temperatures are 15 to 20 degrees cooler than this time yesterday and nine atand five at oakland and seven degrees cooler in hayward and san jose and four to five in san carlos and mountain view. antioch is at 53 and san jose is 49 and same for san francisco. today we will have upper 50's along the coast with low-to-mid 60's around san francisco and richmond and 68 in oakland and san mateo and low-to-mid 70's for the rest of the bay shore and mid-70's to low 80's inland. now, tomorrow is going to be cooler, with more clouds in the morning and extra sunshine and warmth for the weekend. >> it look like a cool drive with not
for comparison the late apple c.e.o. held a 97 percent approval rating when he stepped down before 2011. >> the natural air conditioning we are showing you here is in effect but what about later on today. >> it has been affecting air travel. >> we have 30 minutes flight arrival delays at sfo so they are minor but out there and check out our flight tracker at abc7news.com. we are going to talk about how temperatures are 15 to 20 degrees cooler than this time yesterday and nine...
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Apr 24, 2013
04/13
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scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in america. young companies resist sharing their profits with investors because they've got better things to do with the money, like grow. apple said it saw its first decline in profit in ten years and iphone's sales growth were slowing. then this, ipad sales, that's good news. that's still going gangbusters. the house energy and commerce committee will hold hearings into fisker a short time from now. pictures of fisker unveiling at santana row some years ago. the last time the committee investigated a department of energy loan, it was to solyndra. house republicans are eager to embarrass the obama admini
scott mcgrew, you say apple now middle age? >> apple middle age. just like jon and i are, right? certainly not a young start-up. apple reported its profits tuesday. if you were to make one takeaway idea from this whole affair, it would be that apple has really reached middle age. the company is doing thing that is only mature companies do, like issuing dividends. in fact, on the phone call with reporters, tim cook said he wants apple to become the biggest dividend-paying company in...
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Apr 24, 2013
04/13
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KPIX
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and hopefully apple can lead the way to a positive day for everyone out there. the company did meet expectations in the latest quarter. even though its profit fell 18% from a year earlier to $9.5 billion, first year-over-year profit dropped for apple in a decade. revenue though up 11% to $43.6 billion another record quarter for the company. no new product announcements coming out but it did listen to shareholders. it is going to reward them with $145 billion in cash. it's upping its dividend by 15% and expanding buy back to $60 billion. after dropping in after-hours trading after that report yesterday,apple up 1.25%. also helping the market this morning is boeing after it topped earnings expectations. hits shares are rising quite a bit. -- its shares are rising quite a bit. durable goods orders dropped 5% last month due to a big drop in aircraft orders down 48%. in february you can see that goods orders were up by 4.3%. that report though not helping out all that much as we look at the big board right now. the blue chips are dropping by 11 points. nasdaq is up b
and hopefully apple can lead the way to a positive day for everyone out there. the company did meet expectations in the latest quarter. even though its profit fell 18% from a year earlier to $9.5 billion, first year-over-year profit dropped for apple in a decade. revenue though up 11% to $43.6 billion another record quarter for the company. no new product announcements coming out but it did listen to shareholders. it is going to reward them with $145 billion in cash. it's upping its dividend by...
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Apr 24, 2013
04/13
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and we are keeping an eye on the bay area's apple this morning. because mixed results coming in after the closing bell. about its earnings, about its outlook. tim cook kind of encouraging investors. but the stock right now about to open down 3% to $393 a share. here we two the opening bell live. apple down about $13 of 3%. we'll keep an eye on that. >>> big story. we'll smile and say good morning, to you. thank you for joining us here on ktvu channel 2 morning news it's wednesday, april 24th i'm dave clark. >> foreign good morning, i'm pam cook. >>> representatives of a big league baseball 30 teams will meet tomorrow to discuss security changes in the wake of the bombings. last week's terrorist attack has already led to increased security at at & t park and other major league ballparks. but the league will suggest other security measures including a possible ban on backpacks. tomorrow's meeting in new york was scheduled before the bombings but the tragedy in boston has changed the focus of the meeting. >>> also this morning there are new signs tha
and we are keeping an eye on the bay area's apple this morning. because mixed results coming in after the closing bell. about its earnings, about its outlook. tim cook kind of encouraging investors. but the stock right now about to open down 3% to $393 a share. here we two the opening bell live. apple down about $13 of 3%. we'll keep an eye on that. >>> big story. we'll smile and say good morning, to you. thank you for joining us here on ktvu channel 2 morning news it's wednesday,...
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Apr 24, 2013
04/13
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KGO
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>> coming up at 6:00, apple reports the first earnings decline in a decade. how is that affecting c.e.o.? we have the poll what e >> the natural air conditioning from the bay area and mike will tell us where the temperatures will be in a couple of minutes. >> if you use a clipper card you may have fewer privacy worries in the future. transportation planners are voting to reduce the length of time your travel data can be storeed. right now they keep the information for up to seven years. the land is to reduce this to 4 1/2 years making it the same length of time that fast track data is saved. a lawmaker has introduced a bill to cut data retention time to six months but that is opposed. we will get the forecast from mike and an explanation for why they didn't turn the ac on, on the hottest day of the week waiting as the temperatures come down. mike? >> do you expect me to understand my wife? really, understand my wife? >> the house did not cool off after being so warm the day before. all that warm air trapped in there did not take so much to get it hot again. m
>> coming up at 6:00, apple reports the first earnings decline in a decade. how is that affecting c.e.o.? we have the poll what e >> the natural air conditioning from the bay area and mike will tell us where the temperatures will be in a couple of minutes. >> if you use a clipper card you may have fewer privacy worries in the future. transportation planners are voting to reduce the length of time your travel data can be storeed. right now they keep the information for up to...
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Apr 24, 2013
04/13
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. >>> ceo tim cook wants investors to think different about apple. his message after apple announced quarterly earnings pretty robust. he says it's a mature tech company not a fast growing start-up. he had mixed news for wall street. new products won't be out until fall at the earliest. we'll see what happens this morning. but right now we want to pull up apple. it looks like it will open down. >>> time now is 5:19. hackers target a major news organization and causes panic on wall street. >>> also we will continue our coverage of the marathon bombing case with a live report from boston. another sign this morning that the city is slowly getting back to normal. >>> good morning. if you are driving in the south bay, 280 northbound off to a very nice start. if you are driving -- we'll tell you more about the morning commute and the bay area weather. >>> welcome back to the ktvu charge 2 morning news. one of the fbi's most wanted fugitives is in police custody after five years on the run. 31-year-old eric justin was arrested in nicaragua over the weekend.
. >>> ceo tim cook wants investors to think different about apple. his message after apple announced quarterly earnings pretty robust. he says it's a mature tech company not a fast growing start-up. he had mixed news for wall street. new products won't be out until fall at the earliest. we'll see what happens this morning. but right now we want to pull up apple. it looks like it will open down. >>> time now is 5:19. hackers target a major news organization and causes panic on...
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Apr 24, 2013
04/13
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KRON
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an apple. fog is dense and widespreain napa. >> fog is intense and widespread. that will continue to improve today as we head into tomorrow. future cast 4 highlights a tall clock tower. we have seen a taste of summer for the past couple days. we're talking only six reasons i the bay in seventies for your warmest spots. the aren't indicating 80 '80s warrant bay area. tibbets is back in the '50s by 8:00 p.m. tonight. >> breaking down the afternoon high--tempered jah >> upper seventies for pittsburgh and antioch of resistance for richmond. 62 in downtown san francisco and 58 in daly city. for those of you heading to the giant game this afternoon against the arizona diamondbacks. first pitch at all 45. we're looking for to a day game with temperatures in the upper 50s lows '60s. >> the wind will pick up into the afternoon. hold onto your hat. >> a gloomy start to the next couple of days many morning fall. >> every to high-pressure bills back to the forecast as we start the next work week. we do hold onto a dry pattern antipater's are warmer into next monday and tues
an apple. fog is dense and widespreain napa. >> fog is intense and widespread. that will continue to improve today as we head into tomorrow. future cast 4 highlights a tall clock tower. we have seen a taste of summer for the past couple days. we're talking only six reasons i the bay in seventies for your warmest spots. the aren't indicating 80 '80s warrant bay area. tibbets is back in the '50s by 8:00 p.m. tonight. >> breaking down the afternoon high--tempered jah >> upper...
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Apr 24, 2013
04/13
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KICU
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. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in unincorporated san jose. authorities are hoping someone can identify the man in the hooded sweatshirt. he was seen with another man in an orange sweatshirt. the victim was able to get away. the incident happened two months ago on valentine's day at 11:45 at night. >>> the parents of little leaguers made a plea to the vallejo city council for increased police reports. their request comes after two men got into an argument at a little league game last week and one fired shots at the other. at tonight's meeting city council members heard the comments just as they began to
. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in...
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Apr 24, 2013
04/13
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. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in unincorporated san jose. authorities are hoping someone can identify the man in the hooded sweatshirt. he was seen with another man in an orange sweatshirt. the victim was able to get away. the incident happened two months ago on valentine's day at 11:45 at night. >>> the parents of little leaguers made a plea to the vallejo city council for increased police reports. their request comes after two men got into an argument at a little league game last week and one fired shots at the other. at tonight's meeting city council members heard the comments just as they began to
. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in...
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Apr 24, 2013
04/13
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KOFY
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> apple. >>reporter: however some consumer perception of apple may changing as it keeps nut product development highly secret. google has been very open about the about area in driving cars and google glasses giving out selectively to test. >> they seem to dip into everything and before you kind of think about apple but google kind of taking things to whole new level in terms of technology and they have kind of hit everything. >> i think google is definitely getting unjustifiably a lot of credit for being innovative. >>reporter: he tracks both company as mobile analyst for the research company and says google will drop idea as fast as it creates them you don't know what prom equity survive and which ones go away. they tend to pull the trigger on some products and some effort and some projects fairly quickly. >>reporter: ceo cook today said apple has amazing hardware coming out next year but didn't say anything about this year. >> owning apple product i do believe they are losing the edge becau
> apple. >>reporter: however some consumer perception of apple may changing as it keeps nut product development highly secret. google has been very open about the about area in driving cars and google glasses giving out selectively to test. >> they seem to dip into everything and before you kind of think about apple but google kind of taking things to whole new level in terms of technology and they have kind of hit everything. >> i think google is definitely getting...
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Apr 24, 2013
04/13
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apple stock ended the day up about 7.5 points just above $406 a share. virginia judge has denied request to run its own dealership. the based electric car maker had submitted request in state of virginia. state law there requires manufactures unless the manufacture can show that no dealer is available. saw an exception saying its unique model for selling cars would not be attracted to a traditional dealer. it can still appeal that ruling. >> a long plan project to widen the avenue is set to begin next month in pleasant hill. the design calls for widening the avenue from two lanes to four along the cross line. the goal here to improve traffic flow through that area. the 13th $.6 million project is expected to take about 18 months to complete. >>> two more fire stations could be closing a proposed budget cuts are approved. county board of supervisors considered the plan today. firefighters argue the closure should jeopardize public safety after four stations closed earlier this year. county officials say they have no other choice after voters rejected a pa
apple stock ended the day up about 7.5 points just above $406 a share. virginia judge has denied request to run its own dealership. the based electric car maker had submitted request in state of virginia. state law there requires manufactures unless the manufacture can show that no dealer is available. saw an exception saying its unique model for selling cars would not be attracted to a traditional dealer. it can still appeal that ruling. >> a long plan project to widen the avenue is set...
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Apr 24, 2013
04/13
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today, apple delivering mostly soothing news. sales were strong, the company says it sold more than 37 million iphones and 19 million ipads. apple will increase the dividend it pays to shareholders while buying back more of its own stock. that is a nod to its slumping stock price. >> the next 700 you know dollar price share was really inflated. the market is actually taken it to a logical correction, which is much closer. 400 is still lower than it should be. which means it's a pretty good value. >> apple's ceo tim cook told reporters on a conference call this afternoon that apple has new products coming starting this fall. now, apple share price popped $20 higher this afternoon as the earnings were released and then fell back to the level it settled at in regular trading. other companies in the news. no question about the direction of netflix stock after losing a staggering amount of value six months ago, they've been on a comeback tear. they've reported better than expected earnings. today rewarding investors with a gain of 24t
today, apple delivering mostly soothing news. sales were strong, the company says it sold more than 37 million iphones and 19 million ipads. apple will increase the dividend it pays to shareholders while buying back more of its own stock. that is a nod to its slumping stock price. >> the next 700 you know dollar price share was really inflated. the market is actually taken it to a logical correction, which is much closer. 400 is still lower than it should be. which means it's a pretty...
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Apr 24, 2013
04/13
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KRON
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pfft the decline in apple's stock price has been very frustrating but apple remains very strong in we will continue to do we do best. the life we remain very optimistic about our future, we have some very great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware, software services that we can't wait to introduce in 2014. we have a lot more surprises in the work and a potential of a new product category. >> we can expect a new phone, ipad and most likely apple into a new market. my guess is tv. that will be huge. but will talk about that in the fall. gabe slate, kron 4 news. >> a solar-powered plane with a unique look that took off this morning from moffett airfield in mountain view is passing over the golden gate bridge. here it is. you are looking at video from our helicopter partnership with abc7 enws. the lightweight plane, which has a wingspan of about 200 feet, flew above the bay area this afernoon. the swiss company that owns it -- solar impulse, says the plane runs completely on power from the sun drawn. it draws th energy fr
pfft the decline in apple's stock price has been very frustrating but apple remains very strong in we will continue to do we do best. the life we remain very optimistic about our future, we have some very great stuff coming in the fall and across all of 2014. our teams are hard at work at some amazing new hardware, software services that we can't wait to introduce in 2014. we have a lot more surprises in the work and a potential of a new product category. >> we can expect a new phone,...
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Apr 24, 2013
04/13
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apple has recently faced calls for a greater cash for return. >> in massachusetts the youngest victim killed in the boston marathon bombings was laid to rest today. a private funeral was held for 8-year-old in a statement his family said the boy is now at peace. also today family and friends gathered for a private memorial for mit police officer. investigators say collier was -- public health officials now say a total of 264 people were treated at hospitals for their jerries from the bombing one survive a 25-year-old victim spoke from her hospital bed today and said she's not going to let the attacks stop her from living a normal life. >> definitely you're right about this. always going to be a scar but i'm not going to let them win. not going to let them stop me from living a normal, happy, healthy life, especially here in boston. boston is a great city. >> officials say of the 264 people who sought treatment, 51 remain hospitalized tonight. federal officials today said the medical condition of the 19- year-old bombing suspect has improved he's listed in fair condition. he's under ar
apple has recently faced calls for a greater cash for return. >> in massachusetts the youngest victim killed in the boston marathon bombings was laid to rest today. a private funeral was held for 8-year-old in a statement his family said the boy is now at peace. also today family and friends gathered for a private memorial for mit police officer. investigators say collier was -- public health officials now say a total of 264 people were treated at hospitals for their jerries from the...
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Apr 23, 2013
04/13
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apple reports earnings after the market closes. stocks -- stocks down 40%. tabling a live look at the big board, the dow is up 139. the nasdaq up 38. s&p up 15. >>> police in oakland are searching for a suspected gunman who was focus of an eight-hour s.w.a.t. standoff. this morning, police surrounded the lockwood gardens housing complex on 65th avenue but they didn't find the man he was looking for. >>> the surviving bombing suspect in boston remains under armed guard in the hospital this morning. the fbi says jahar tamerlan tsarnaev is still having a problem speaking after being shot in the neck. but yesterday he was able to say no when asked if he could pay for a lawyer. lawmakers in france voted to legalize same-sex marriage after months of street protests with people very sharply divided on this issue. france now becomes the 14th country to legalize gay marriage. >>> more rain and snow expected in the midwest today for towns already hit hard by towns. illinois had ten inches in ten days. this school bus you can see here, plowing through deep water. the b
apple reports earnings after the market closes. stocks -- stocks down 40%. tabling a live look at the big board, the dow is up 139. the nasdaq up 38. s&p up 15. >>> police in oakland are searching for a suspected gunman who was focus of an eight-hour s.w.a.t. standoff. this morning, police surrounded the lockwood gardens housing complex on 65th avenue but they didn't find the man he was looking for. >>> the surviving bombing suspect in boston remains under armed guard in...
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Apr 23, 2013
04/13
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KRON
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not doubt nasdaq and s&p bay area based apple will post earnings after the market closes. the commerce department announces morning that sales of new homes rebounded in march to the senate passed the sales pace in three years rising 1.5% to a seasonally adjusted annual rate of 417,000. that's still below the 700,000 pace considered healthy by most economists that is up 18.5% from a year ago. we will take it as a good sign. also following the latest whip bay area based on net flicks making headlines this morning. the company's decision to feature original programming on its internet video service appears to be pulling in more customers. in early february the company debuted a house of cards, a critically acclaimed series made exclusively for netflix. the move helped add to million u.s. subscribers during the first three months of the year. the company's stock surged 22% to $213 in overnight trading on that news. right now is at $216 a share. netflix saw losses this time last year, so this is a good week for netflix. >> tax-free shopping on the internet could be over under a
not doubt nasdaq and s&p bay area based apple will post earnings after the market closes. the commerce department announces morning that sales of new homes rebounded in march to the senate passed the sales pace in three years rising 1.5% to a seasonally adjusted annual rate of 417,000. that's still below the 700,000 pace considered healthy by most economists that is up 18.5% from a year ago. we will take it as a good sign. also following the latest whip bay area based on net flicks making...
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Apr 23, 2013
04/13
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KRON
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apple, their expectations will be about $10 a share. >> let's just say it will be $7. what apple has to do is that they will have to say that they have this make up container. they have something that people will want to purchase. a long story short is that they wanted to be the first tight end user and charging full price and then h t cn samsung brought out a feature. apple just needs a product and people will respond. >> are you happy with what is coming out? >> yes. the second quarter will be the worst so the way i would judges is that it is so far so good. we have not fallen apart. companies like netflix are doing very well. we're not expecting anything from your. china is slowing down. this may be issued a fall down the road. the housing numbers are up. the demand for houses are high. this is helping people in our economy move forward. >> would check back with a rob at 9 sifting for the winners and losers. >> here's a quick check at weather. >> we are starting out with a live look from our roof cam. it is a clear start for most of us and we have however scene coas
apple, their expectations will be about $10 a share. >> let's just say it will be $7. what apple has to do is that they will have to say that they have this make up container. they have something that people will want to purchase. a long story short is that they wanted to be the first tight end user and charging full price and then h t cn samsung brought out a feature. apple just needs a product and people will respond. >> are you happy with what is coming out? >> yes. the...
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has lost some of its luster and apple is down from its all-time high in september. google could bring you more information and google is the service that tries to answer questions before the user even asks them. for example it could give you a heads up on your usual route home from work and adding it now, it could affect the area and it could be an option they could turn on and off. >>> time now 651, a historic post office in downtown berkeley, why it will not be a post office while they decide to sell the building. >>> traffic looks good heading off to the high-rise and we will tell you more about the morning commute. is it wrong to buy an entire outfit to match your mani-pedi? shop like a fashionista. not if you find something amazing for less than the price of it. save like a maxxinista. designer brands at t.j. prices. t.j.maxx. . >>> dow jones industrial average is up 14,000, nasdaq and s&p 500 is up and they are posting some gains, bay area net flicks is adding cards for some of that. >> time now 6:55 some bay area schools are seeing an increase in bomb threats
has lost some of its luster and apple is down from its all-time high in september. google could bring you more information and google is the service that tries to answer questions before the user even asks them. for example it could give you a heads up on your usual route home from work and adding it now, it could affect the area and it could be an option they could turn on and off. >>> time now 651, a historic post office in downtown berkeley, why it will not be a post office while...
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Apr 23, 2013
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apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two million new subscribers the first quarter closing up 11 points to $174.237 a share because of additional they say of new original programming including "house of cards" and "arrested development." the c.e.o. says that the company could one day have up to 20 original series streaming for customers. >> now don't want to spend time inside were whatting a movie because it is so gorgeous. >> more comfortable today. >> cooler than year. a little. but still warmer-than-average temperatures. remember the breezes from yesterday? they are still gusting in
apple now is dealing with defective iphones. two chinese newspapers report that apple returned 8 mill -- eight million iphones to china. it is not cheer clear which models are affected but apple is not experiencing iphone short averages and they could cost the company $250 million. executives have admitted that the iphone is the most difficult device they have assembled. >> netflix starts positive with shares for the company surging yesterday following the announcement they signed up two...
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Apr 23, 2013
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apple and volkswagen are going to build an icar. cnet editor at large brian cooley joins us this morning to tell us all about it. it's an ibeetle i guess? >> exactly. they are going to roll out a new version of it. >> reporr: itwas just shoing to be a beetle that has the apple touch. apple has never worked with a carmaker before to revise and create a special edition of a car. this is a very big deal. here's the specifics. you can see it there. it doesn't look different from a regular beetle but all the styling touches will be done with apple. look at the top of the dash and you see where the iphone docks in a cuss stop dashtop dock. this isn't just more music in a custom dashtop dock. in will allow additional gauges and displays. there is the apple logo in volkswagen script. so it's an interesting blend. that iphone on the dash will do like i said additional gauges and information will display there that aren't on the dash. it will let you do postcards so you can hit a button on there and send out to your friends on social media or
apple and volkswagen are going to build an icar. cnet editor at large brian cooley joins us this morning to tell us all about it. it's an ibeetle i guess? >> exactly. they are going to roll out a new version of it. >> reporr: itwas just shoing to be a beetle that has the apple touch. apple has never worked with a carmaker before to revise and create a special edition of a car. this is a very big deal. here's the specifics. you can see it there. it doesn't look different from a...
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Apr 23, 2013
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the big business story is apple. apple reports profits after the closing bell. this is a company that makes a staggering amount of money. they made $54 billion in revenue last quarter, more than $150 billion in cash. when you compare the company's stock prices, $398 to its earnings, the stock is mathematically very cheap, as cheap or cheaper mathematically than some real dogs, h.p., dell, apple. we will see where it will go from here. >> the one to watch. very interesting. the numbers are mind blowing. i would say. >> 5:55 right now. still ahead. san jose police department under the microscope. the key question. why did the chief block a plan to stop racial profiling? >> the prominent bay area attorney who admits to smuggling a hit list out of jail. we'll tell you about the punishment she is facing coming up. >>> taking a live look outside. san francisco, beautiful. you can see the marina there. pretty warm temperatures as well. how warm? how high? we'll check the forecast for you. a lot more news ahead. 5:56. star command, i'm detecting high levels of happiness
the big business story is apple. apple reports profits after the closing bell. this is a company that makes a staggering amount of money. they made $54 billion in revenue last quarter, more than $150 billion in cash. when you compare the company's stock prices, $398 to its earnings, the stock is mathematically very cheap, as cheap or cheaper mathematically than some real dogs, h.p., dell, apple. we will see where it will go from here. >> the one to watch. very interesting. the numbers are...
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Apr 23, 2013
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more earnings reports coming out today including apple, at&t and delta airlines. three biggies. nearly one-third of the companies in the s&p will report their results this week alone. the reports have been pretty good so far. on wall street the dow reversed an early slide yesterday and gained 19 points. the nasdaq climbed 27. >>> stock indices have more than doubled since the march 2009 bottom. but many investors still a little spooked by the markets. here to explain why is jill schlesinger, cbs news senior business analyst. >> reporter: good morning. >> ordinary investors might pile into stocks. tell us what's going on. >> reporter: well, it's so wild because the financial crisis and the subsequent 55% drop in stock indexes clearly have lot of a lasting impression on investors. according to bankrate.com's financial security index, a whopping 76% of respondents say they are just saying, no to stocks. that's a huge number. economists call this recency bias. we tend to use our resent experience as a guide for what's going to happen in the future. sohen stocks are soaring, we think
more earnings reports coming out today including apple, at&t and delta airlines. three biggies. nearly one-third of the companies in the s&p will report their results this week alone. the reports have been pretty good so far. on wall street the dow reversed an early slide yesterday and gained 19 points. the nasdaq climbed 27. >>> stock indices have more than doubled since the march 2009 bottom. but many investors still a little spooked by the markets. here to explain why is...
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more earnings reports will come out today including apple, at&t and delta airlines. nearly one-third of the companies in the s&p will report the results by the end of the week. the reports have been pretty good so far. on wall street the dow reversed its early slide and gained 19 points yesterday. nasdaq climbed 27. >>> your automated teller machines, atms, might become more versatile soon. some of the nation's largest banks are testing machines to let customers actually have a live video chat with the teller and receive exact changes. the new atms will also allow you to split deposits between accounts and make loan and edit card payments, as well. > your ne purchase could cost you more. a proposed sales tax would demand online retailers with sales of more than a million dollars to tax it shoppers. the move could generate between 12 to $23 billion a year. the national retail federation supports the bill. bay area-based ebay does not. its ceo emailed millions of users to ask them to fight the initiative. the senate began debating the bill yesterday. >>> passwords are
more earnings reports will come out today including apple, at&t and delta airlines. nearly one-third of the companies in the s&p will report the results by the end of the week. the reports have been pretty good so far. on wall street the dow reversed its early slide and gained 19 points yesterday. nasdaq climbed 27. >>> your automated teller machines, atms, might become more versatile soon. some of the nation's largest banks are testing machines to let customers actually have a...
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Apr 23, 2013
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some big earnings reports coming out today on wall street, not the least of which is apple. for more on that and the rest of our news before the bell, we turn to courtney reagan live at cnbc world headquarters. >>> good morning. futures are lower. that's after the market posted modest gains on monday. we will get data on new home sales and a ton of earnings. the dow rising 19 points. the nasdaq up 27 to 3233. apple reports earnings this afternoon with the stock in free-fall dropping about he low $400 after peaking above 400. analysts expect profits to shrink for the first time in a decade. police still selling a record number of iphones and pads. >> back to you. we'll see how they fair. thank you, courtney. christina loren has the day off. that means rob mayeda is in. i had the windows down. almost 70 right now. in napa and santa rosa. we have fog in parts of the coast. one of the stranger weather mornings you will see around the bay area. san francisco, we have north winds working into san francisco right now. you can see, it is 54 degrees. san francisco over toward oakland
some big earnings reports coming out today on wall street, not the least of which is apple. for more on that and the rest of our news before the bell, we turn to courtney reagan live at cnbc world headquarters. >>> good morning. futures are lower. that's after the market posted modest gains on monday. we will get data on new home sales and a ton of earnings. the dow rising 19 points. the nasdaq up 27 to 3233. apple reports earnings this afternoon with the stock in free-fall dropping...
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Apr 23, 2013
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we're watching apple. apple shares lower lease their quarterly earnings after the closing bell today. we have the same story would los gatos based net flicks of yesterday's. let us talk about net flicks. they have their quarterly earnings come out. the big news is that net flicks added 2 million u.s. cars to is video streaming service for the first three months of the year. but here it was highlighted by the early february debut of house of cards, a critically acclaimed series made exclusively for net flicks. this is trevor rowe health net flicks bows back from a loss the same time last year and generate revenue slightly above analysts' projections. it was but the ground were up $11. the free market net flicks shares are up $43. that is almost with a 5%. net flicks is a stock that went from 300, down to 50 and right now it is up to 217. james barrett i'm a fan of that flicks. >> the nation's biggest banks are rolling out the next generations of atms. the latest models feature video chatting with a live tel
we're watching apple. apple shares lower lease their quarterly earnings after the closing bell today. we have the same story would los gatos based net flicks of yesterday's. let us talk about net flicks. they have their quarterly earnings come out. the big news is that net flicks added 2 million u.s. cars to is video streaming service for the first three months of the year. but here it was highlighted by the early february debut of house of cards, a critically acclaimed series made exclusively...
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but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you have to be 21 to buy drinks or go gambling. new york city council and mayoral candidate quinn wants to raise the minimum age for tobacco purchases from 18 to 21. texas recently tried the same thing but the proposed law failed. several states have an age limit of 18 to buy tobacco. >>> today president obama invited 100 students to take part in this year's white house science far, and that included jessica borral. she designed a device that fights eye muscle fatigue from staring too long at computers. >> i'm getting a patent on it. i'd love to manufacture them and give them out to all school
but apple accounted for 74% of the total revenue between the two app stores. at the same time, google play appears to be gaining ground fast from a year ago, when apple had 90% of the revenue. >>> has anyone ever told you to get to the punch line? that's what twitter plans to do next monday when it teams up with comedy central. comedians will tweet quicky jokes. rob riener and mel brooks are scheduled to kick off the festival next monday with an event in los angeles. >>> you...
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Apr 22, 2013
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about a third of the companies, including apple and exxon are reporting earnings. the dow is up 27. the nasdaq is up over 1%, up 32. and spp up 8 -- and the s&p up 8. >>> gas prices continue to slip in san francisco and the bay area. san francisco has the highest prices in the continental u.s., averaging $4.06 a gallon. around the rest of the bay area, gas is about 12 cents cheaper. it's done from the week and the experts say we could be paying 20 cents less by the end of the month. >>> tonight on the news at 5:00 -- illegal dumping. the reason san francisco is going after the state of nevada. >>> thank you for trusting ktvu news. we're always on at ktvu.com and mobile ktvu.com.
about a third of the companies, including apple and exxon are reporting earnings. the dow is up 27. the nasdaq is up over 1%, up 32. and spp up 8 -- and the s&p up 8. >>> gas prices continue to slip in san francisco and the bay area. san francisco has the highest prices in the continental u.s., averaging $4.06 a gallon. around the rest of the bay area, gas is about 12 cents cheaper. it's done from the week and the experts say we could be paying 20 cents less by the end of the...
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Apr 22, 2013
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apple shares on a slide for a week now. investors would like a little goose, something that says, yeah, we're still the innovative company everyone loves so much. apple reports its profits tuesday. they no doubt will report they made suitcases full of cash. a small hint of something ahead. some sort of idea as to what apple might have in the pipeline could help that stock more than anything else. back to you. >> all right, scott. thank you very much. meteorologist krchristina loren has the day off. i hope she's enjoying sunshine. >> take you to san jose. the sky didn't change at all. live camera to live camera. areas south of san jose will probably climb into the low- to mid-90s by 3:00 and 4:00 this afternoon. already now near 80 degrees, fairfield, concord, livermore, pleasanton, san francisco 67, 72 in oakland. notice the immediate coastline, areas south of santa cruz later on this afternoon, watching for low clouds to creep up the coast which will eventually hint at cooler changes come tomorrow. comparing right now to 2
apple shares on a slide for a week now. investors would like a little goose, something that says, yeah, we're still the innovative company everyone loves so much. apple reports its profits tuesday. they no doubt will report they made suitcases full of cash. a small hint of something ahead. some sort of idea as to what apple might have in the pipeline could help that stock more than anything else. back to you. >> all right, scott. thank you very much. meteorologist krchristina loren has...
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exxonmobil topped the list followed by apple, google, berkshire and walmart. last year, three chinese companies were in the top five and for the first time in three years, no company in the world is worth $400 billion. >>> gas prices continue to slip across the country and here in the bay area. analysts say they could be lower by the memorial holiday weekend. san francisco averages $4.06. around the rest of the bay area, it's down about 6 cents a gallon. experts say we could be saying 20 cents less by the end of next month. >>> paper or plastic? that's something you won't be hearing much longer in many cities and counties in california. pam cook is in the newsroom with more. >> it's earth day today. to coincide, many cities are joining the effort to reduce, refuse and recycle. redwood city and menlo park, are not allowed to hand out plastic bags and required to charge you 10 cents for a i aer -- paper bag. we asked some people. most are in favor. >> i think it's fabulous. >> tell me why. >> i think any time we can help the earth and recycle bags and go to the
exxonmobil topped the list followed by apple, google, berkshire and walmart. last year, three chinese companies were in the top five and for the first time in three years, no company in the world is worth $400 billion. >>> gas prices continue to slip across the country and here in the bay area. analysts say they could be lower by the memorial holiday weekend. san francisco averages $4.06. around the rest of the bay area, it's down about 6 cents a gallon. experts say we could be saying...
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Apr 22, 2013
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little direction, really, and the silicon valley index is potive a u quarter of a vestors will shares of apple closely, the quartey profit will shrink for the first time in a decade because of slow growth in iphone seems and the ipod maker reports results tomorrow. and the new c.e.o. of yahoo will talk about the don't work on home, the closing speaker at the great place to work conference, and she stopped in the middle of the remarks do address the elephant in the room, defending her decision on temperature communicating saying people are mob innovative when they are together and the best ideas coming from two different ideas together. forget wine, california is getting serious buzz over the beer. this is the craft beer movement booming across the country. the ten best according to "usa today" saying california topping the list of the best bw state in america with 268 craft breweries and countin me tha any other state. anors a house hold name across the country. >> thank you. i was at the giants game, guess who was the most popular opinion at at&t park yesterday? >> barry? >> a frozen lemonade
little direction, really, and the silicon valley index is potive a u quarter of a vestors will shares of apple closely, the quartey profit will shrink for the first time in a decade because of slow growth in iphone seems and the ipod maker reports results tomorrow. and the new c.e.o. of yahoo will talk about the don't work on home, the closing speaker at the great place to work conference, and she stopped in the middle of the remarks do address the elephant in the room, defending her decision...
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. >>> a lot is riding on apple's earnings report that is expected tomorrow. they have had a tough couple of weeks. kcbs radio's financial reporter jason brooks reports. >> reporter: it seems like it's been a long time now since apple stock was above $700, back in september when they had a streak. it's been struggling and fell below $400 last week for the first time since december 2011. the company reports its fiscal 2nd quarter earnings after the closing bell tomorrow. it's expected to report an 18% drop in profits from a year earlier which would be the first year-over-year drop in profit since 2003. lots of worries that iphoneand ipad sales are much weaker as a lot of consumers hold off the next product refresh from apple and a lot will be riding on that. and for the stock tomorrow. the one good thing is with so many analyst downgrades, any good news from apple could turn it around tomorrow. ebay is trying to leverage its user base in a vote in congress. the company started sending emails to its 40 million usingers this weekend trying to get them to convince
. >>> a lot is riding on apple's earnings report that is expected tomorrow. they have had a tough couple of weeks. kcbs radio's financial reporter jason brooks reports. >> reporter: it seems like it's been a long time now since apple stock was above $700, back in september when they had a streak. it's been struggling and fell below $400 last week for the first time since december 2011. the company reports its fiscal 2nd quarter earnings after the closing bell tomorrow. it's...
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Apr 22, 2013
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apple's tim cook and the hot seat, maybe not. according to forbes this week took a job is in trouble. the iphone five will not be out this summer, maybe this fall. there are theories and rumors that fingerprints will be a big part of the foam. >> watching a net flicks, they are four and a half percent in early trading. >> they don't really care, they want to turn a profit. it is a pretty saturated plate.right now. we are watching more tv and with netflix time we are catching up with seasons. netflix is a great story. >> is the eighth issue when? is it too soon to tell? >> the delivery mechanism as key. you have to pay a premium dollar for content. the big players like universal, comcast they do not want to release all of their content to only one player. they went to give it to x box and net flicks. netflix is a great story, i would not be surprised if it was acquired by someone who was bigger. >> now let's get the update on weather and traffic, erica is standing by. >> a lot of people are excited for today's forecast. temperatur
apple's tim cook and the hot seat, maybe not. according to forbes this week took a job is in trouble. the iphone five will not be out this summer, maybe this fall. there are theories and rumors that fingerprints will be a big part of the foam. >> watching a net flicks, they are four and a half percent in early trading. >> they don't really care, they want to turn a profit. it is a pretty saturated plate.right now. we are watching more tv and with netflix time we are catching up with...
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Apr 22, 2013
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apple reports its profit on tuesday. they no doubt will report that they made suitcases full of cash. some small hint ahead could help the stock more than anything else. that appears to indicate apple has sent millions of iphone 5s back to the manufacturer. it appears, because i can't read chinese. that's what translations of the newspaper website says. the problems with the phones, mostly cosmetic. google chairman, eric schmitt, has written a book called the new digital age. it will reportedly include a count of his trip to north korea. orbital sciences launched a rocket over the weekend. they have a bit of an advantage. they have been making missiles for years. the rocket didn't go to the station. it was just a test. >>> jon and laura, over the weekend, i got a chance to host the tech challenge award where kids create an invention to solve a problem. very involved. this year, more than 3500 kids participated. i handed out awards for elementary school. scott budman did the same for junior high. at the elementary level,
apple reports its profit on tuesday. they no doubt will report that they made suitcases full of cash. some small hint ahead could help the stock more than anything else. that appears to indicate apple has sent millions of iphone 5s back to the manufacturer. it appears, because i can't read chinese. that's what translations of the newspaper website says. the problems with the phones, mostly cosmetic. google chairman, eric schmitt, has written a book called the new digital age. it will reportedly...
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apple has fallen way beyond exxon in overall market capitalization. pressure growing on ceo tim cook to say something, do something, excite the apple faithful and share holders. show we have got something up his sleeve more than just an incrementally better iphone. apple reports its profits tomorrow and has a telephone conference with reporters and analysts. tomorrow, eric schmitt's new book comes out. the former ceo of google teamed up with jarrod cohen to write about the digital age from his trip to north korea. it will be in bookstores tomorrow. let's check the markets with courtney reagan. good morning. >>> hi. good morning to you, scott. futures are higher as the markets come down. the dow posted its biggest weekly decline in nearly a year. you mentioned apple. softer demands today iphone and ipad. ibl lo ibm lost 8% on friday. we will get earnings on existing home sales and cal pillar and n netflix. the nasdaq rose 39206. >>> there cob a bill to collect sales tax on all online purchases. that will give local governments in as much as $11 billion
apple has fallen way beyond exxon in overall market capitalization. pressure growing on ceo tim cook to say something, do something, excite the apple faithful and share holders. show we have got something up his sleeve more than just an incrementally better iphone. apple reports its profits tomorrow and has a telephone conference with reporters and analysts. tomorrow, eric schmitt's new book comes out. the former ceo of google teamed up with jarrod cohen to write about the digital age from his...
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on wall street, several major companies including apple, ford and exxonmobil will release their earnings reports this week. this comes as the market finishes its worst week since november. but the market did manage to recover some of its losses friday. the dow rose 10 points while the nasdaq climbed 39. >>> asian markets were mostly hirer ahead of economic data from china. tokyo's nikkei added 2% a nearly five-year high. hong kong's hang seng added a fraction. >>> investors who on to their boeing stock following the grounding of its new 787 dreamliner are reaping the rewards. the faa approved a fix for the battery problem. boeing was up 19% from its low point this year. >>> it may be a better idea to drive than fly especially now with the cost of a gallon of gas dropping 11 cents in the past two weeks. the new lundberg survey found the national average now stands at 3.54 for a gallon of regular. tulsa, oklahoma, is the cheapest at 3.21 while chicago is the most expensive in the continental u.s. at 3.97. back to you. >> erica, no surprise a lot of giving people out there. over a million d
on wall street, several major companies including apple, ford and exxonmobil will release their earnings reports this week. this comes as the market finishes its worst week since november. but the market did manage to recover some of its losses friday. the dow rose 10 points while the nasdaq climbed 39. >>> asian markets were mostly hirer ahead of economic data from china. tokyo's nikkei added 2% a nearly five-year high. hong kong's hang seng added a fraction. >>> investors...
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. >>> apple, amazon, caterpillar, at&t, ford, starbucks, exxonmobil, just some of the companies scheduled to come out with earnings reports this week. more than 80 companies reported last week. 72% did better than analysts expected. stocks lost ground last week though despite closing higher on friday. the dow up 10. nasdaq up about 40. and the futures are up today. so that's good. >>> investors who held on to their boeing stock after the new 787 dreamliner was grounded are reaping the rewards now. the faa approved a fix for the battery system that kept dreamliner out of service for three months. boeing stocks surged 2% on friday up 19% from its low point this year. >>> and another major rating agency has stripped britain of its aaa credit score. fitch down gridded them one knowledge to aa-plus -- downgraded them one notch to aa- plus saying they can't get a handle on their debt. >>> the latest lundberg survey shows the california average for a gallon of regular gas dropped 9 cents over the past two weeks. it's now down to 3.90. the highest average surprise in san francisco at 3.96 a gallo
. >>> apple, amazon, caterpillar, at&t, ford, starbucks, exxonmobil, just some of the companies scheduled to come out with earnings reports this week. more than 80 companies reported last week. 72% did better than analysts expected. stocks lost ground last week though despite closing higher on friday. the dow up 10. nasdaq up about 40. and the futures are up today. so that's good. >>> investors who held on to their boeing stock after the new 787 dreamliner was grounded are...
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apple is relinquishing the title of world's most valuable company at least for now. for more on what is happening in the world of business, here is jackie deangelis. >> we will celebrate the honor book day and watch nba games all week, and hope that wall street get back after volatile trading. there will be a prediction of the gross domestic product in the first part of the week released. because of spending cuts, analysts predict a sharp slowdown of the earlier estimate s. a lot of news on the housing recovery. with sales on new homes and exists homes last month and requests for new homes areport due out this week. and boeing took more orders for planes last month, but it is working to get the 787 dreamliners back on the air. profits could fall by a fifth last quarter as demand for the ipads and iphones have declined. >>> and a nickel minted in 1913 and only one of five known to exist is expected to fetch $2.5 million when it hits a chicago area auction block this week. i'm jackie deangelis, and get all of your news on nbc. >>> and starting tomorrow, most stores in
apple is relinquishing the title of world's most valuable company at least for now. for more on what is happening in the world of business, here is jackie deangelis. >> we will celebrate the honor book day and watch nba games all week, and hope that wall street get back after volatile trading. there will be a prediction of the gross domestic product in the first part of the week released. because of spending cuts, analysts predict a sharp slowdown of the earlier estimate s. a lot of news...
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Apr 19, 2013
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downtown san francisco. 80 in apple. cool along the coastline. 63 in daly city 61 and ocean beach. >> looking at satellite and radar it is quiet around the area as high pressure builds in over the northern part of our state. we do have a weak system not bringing any rain to us. that is affecting the pacific northwest. we have cloud cover streaming in. you concede that on satellite. we will see a mix of sun and clouds for some spots. temperatures could be slightly cooler along the coastline in a mthe north bay. >> dry weather continues in to the middle of next week. >> george. >> taken erica we're tracking a couple of hot spots the first in walnut creekhot680 the southbound direction. traffic has been backing up because of a motorcycle accident that occurred at north main street. the accident is out of the way but the traffic is still heavy from 242 and interstate 680 . there are delays on the lower peninsula. palo alto, willow leading to 237 on the connector ramp an accident as the ramp shut down. a piece of heavy equipm
downtown san francisco. 80 in apple. cool along the coastline. 63 in daly city 61 and ocean beach. >> looking at satellite and radar it is quiet around the area as high pressure builds in over the northern part of our state. we do have a weak system not bringing any rain to us. that is affecting the pacific northwest. we have cloud cover streaming in. you concede that on satellite. we will see a mix of sun and clouds for some spots. temperatures could be slightly cooler along the...
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. >>> a number >>> apple shares closed lower. that drop was triggered by a report of possible slowing sales in iphones and i pads. just seven months ago apple shares reached a record high closing above $700 per share. >>> and google showed better than expected results in their returns. profits and sales were both up. even so it's not making as much money on ads on mobile devices. advertisers don't see mobile ads as producer the same results compared to devices with larger screens such as laptop and desktop computers. >>> more than a dozen killed many still missing after a fertilizer plant explosion. >> how one local expert will be helping with the investigation into the fire and explosion in rural texas. >>> developing news, late word of gunfire and explosions in the boston in to us from a boston station. we hear that police have a man surrounded but it's not clear if the two incidents are connected. >>> and the boston marathon bombings have led to higher secured events. including here in the area. fans were advised to show up ea
. >>> a number >>> apple shares closed lower. that drop was triggered by a report of possible slowing sales in iphones and i pads. just seven months ago apple shares reached a record high closing above $700 per share. >>> and google showed better than expected results in their returns. profits and sales were both up. even so it's not making as much money on ads on mobile devices. advertisers don't see mobile ads as producer the same results compared to devices with...
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Apr 19, 2013
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. >>> a number >>> apple shares closed lower. that drop was triggered by a report of possible slowing sales in iphones and i pads. just seven months ago apple shares reached a record high closing above $700 per share. >>> and google showed better than expected results in their returns. profits and sales were both up. even so it's not making as much money on ads on mobile devices. advertisers don't see mobile ads as producer the same results compared to devices with larger screens such as laptop and desktop computers. >>> more than a dozen killed many still missing after a fertilizer plant explosion. >> how one local expert will be helping with the investigation into the fire and explosion in rural texas. >>> developing news, late word of gunfire and explosions in the boston area after that shooting on the campus of mit, we're working to bring you an update after the break. in to us from a boston station. we hear that police have a man surrounded but it's not clear if the two incidents are connected. >>> and the boston marathon bo
. >>> a number >>> apple shares closed lower. that drop was triggered by a report of possible slowing sales in iphones and i pads. just seven months ago apple shares reached a record high closing above $700 per share. >>> and google showed better than expected results in their returns. profits and sales were both up. even so it's not making as much money on ads on mobile devices. advertisers don't see mobile ads as producer the same results compared to devices with...
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Apr 19, 2013
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a verizon spokesperson said people may be waiting to see if apple will release a new version. new products are released in late summer or early fall. >>> on wall street today, the 3 3rd down day for stocks this week. the dow is down 81 to 14,537. the nasdaq is down 38 at 3,166. the s&p is down 10 to 1,541. >>> the earth moves and it is caught on tape. look at these pictures and watch that white car. there it goes and that sink hole isn't done, what happened to a person who got caught in it. and a spot famous for books, now on tv, how you can have your say on what you get to watch. [ man ] it's big. supports in times of need. same with aladdin. the biggest in bail. no one has lower prices, is faster or more professional. aladdin bail bonds. bigger because we're better. Ñáçwçñ aladdin bail bonds. >>> a sink hole swallowed three cars in a chicago neighborhood. it fell all the way to the bottom of the hole. one person had to be pulled out and was taken to the hospital with a minor head jeer. the owner -- injury. the owner of the car was just about to get into it when the grou
a verizon spokesperson said people may be waiting to see if apple will release a new version. new products are released in late summer or early fall. >>> on wall street today, the 3 3rd down day for stocks this week. the dow is down 81 to 14,537. the nasdaq is down 38 at 3,166. the s&p is down 10 to 1,541. >>> the earth moves and it is caught on tape. look at these pictures and watch that white car. there it goes and that sink hole isn't done, what happened to a person who...
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Apr 18, 2013
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jones industrials down 84 points, this continues a downward trend for the stock markets and right now apple is under 400 dollars, a lot of investors wondering how far it will fall. >>> oakland is proposing a budget for the next two fiscal years that calls for heavy spending on public safety, economic development and jobs. the proposal includes two more police academies but the city will need to eliminate 80 other positions. the deadline is june 30th. the public will be able to weigh in before that deadline. >>> the senate judiciary committee is set to hold hearings tomorrow and monday on a new immigration reform proposal formally filed yesterday sponsored by a group of senators known as the gang of 8. >> this who we are, the descendents of the homeless and the tired the poor the huddled masses yearning to breath free. >> the bill aims to secure the borders while crating an option for undocumented immigrants to become citizens, within the next month a bicycle barometer will be installed on san francisco's market street encouraging more people to ride their bikes and will go in on the southsi
jones industrials down 84 points, this continues a downward trend for the stock markets and right now apple is under 400 dollars, a lot of investors wondering how far it will fall. >>> oakland is proposing a budget for the next two fiscal years that calls for heavy spending on public safety, economic development and jobs. the proposal includes two more police academies but the city will need to eliminate 80 other positions. the deadline is june 30th. the public will be able to weigh in...
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Apr 18, 2013
04/13
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KRON
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watching apple's stock, apple at the $400 mark and down 758 a share. somomg,g, stop. jack, your new chipotle chicken club is craze amaze. annnd chipotle is totes trending. spspicicy crispy chicken, hicky smoked bacon,on memeltlting cheese, and smoky chipotle sauce plus fries anand d a drink for $4.99? tht combo is chipot-cray. anand d chipotle is my hashtag faveflave. lelet t me guess-you're the nw social media intern.nt yeyeahah! grgreaeat. i'm late for a mee. can you make some copies? .....w.with the tanning bede "the"tre are a some people who say it's the best yogurt they've ever tasted. and there are some people who haven't tasted it yet.t. delicious, nonfat, authenticic delicgreek strained yogurt.cic extraordinary fruit flavors.s. the fage total split cup. the fplain extraordinary." >> welcome back, we're tracking a major hot spot with a monster is back up on interstate 580 in the westbound direction. ec live video from the scene, the two right lanes remain blocked as we await a caltrans sweeper to pick up this. this is left over from a dual big rig accident that
watching apple's stock, apple at the $400 mark and down 758 a share. somomg,g, stop. jack, your new chipotle chicken club is craze amaze. annnd chipotle is totes trending. spspicicy crispy chicken, hicky smoked bacon,on memeltlting cheese, and smoky chipotle sauce plus fries anand d a drink for $4.99? tht combo is chipot-cray. anand d chipotle is my hashtag faveflave. lelet t me guess-you're the nw social media intern.nt yeyeahah! grgreaeat. i'm late for a mee. can you make some copies?...
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Apr 18, 2013
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one stock we are keeping an eye on is apple. and i just want to pull up the very latest quote on that. apple stock is down $8.5 a share. about 2%. it's now below 400 $400 a share. $394 is where that is. apple stock down 42% from all time high of $705 last september. one money manager says apple could fall into the 300s in the coming weeks. it is now at $394 right now. we'll keep an eye on apple stock. >>> oakland is proposing a budget for the next two fiscal years that calls for spending. the budget proposal also includes two more police academies. however, the city will still need to eliminate 80 positions. the deadline for a new budget is june 30th. the public will be able to weigh in before that deadline. >> time now 7:45. firefighters are investigating an overnight fire that gutted a house in san leandro. started on deal avenue and dowling boulevard. no one was living there. neighbors made sure people living nearby got away safely. >> everybody called from one house to the next. and couple people knocked on everybody's doors
one stock we are keeping an eye on is apple. and i just want to pull up the very latest quote on that. apple stock is down $8.5 a share. about 2%. it's now below 400 $400 a share. $394 is where that is. apple stock down 42% from all time high of $705 last september. one money manager says apple could fall into the 300s in the coming weeks. it is now at $394 right now. we'll keep an eye on apple stock. >>> oakland is proposing a budget for the next two fiscal years that calls for...
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Apr 18, 2013
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. >> is there any hope for apple? >> do they need a new product? >> they may just need to bear a little more honest and more disclosure. google is talking about their phone and something needs to happen with apple and they need to talk about a new product. they usually start issuing new products for back-to-school perry ed it took them 17 months. i think the evaluation is important. one-third of their market is in cash. they have a bit capp and there the second biggest of the nation behind exxon mobile. they're just a cash flow mushing but they do not have products that we know obama but we know ey're coming out. >> we had morgan stanley, and pepsi with good earnings. >> a again, corporate america is still and press the but the second quarter may be the weakest of the year. we are waiting to the back half of the year, back to school. what we are seeing right now isetter. >> would check back with rod and black later with our winners and losers. >we would check back with a rob black later on with our winners and losers. >> we're in the upper part is
. >> is there any hope for apple? >> do they need a new product? >> they may just need to bear a little more honest and more disclosure. google is talking about their phone and something needs to happen with apple and they need to talk about a new product. they usually start issuing new products for back-to-school perry ed it took them 17 months. i think the evaluation is important. one-third of their market is in cash. they have a bit capp and there the second biggest of the...